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2021-03-31-accounts

Trustees' Annual Report for the period From Period start date To Period end date 01 04 2020 31 03 2021 Section A Reference and administration details Charity name Oxford for Romania - Other names charity is known by Registered charity number (if any) 1173125 Charity's principal address Flat 18, The Hampden Building, High Street, Kidlington, Oxfordshire Postcode OX5 2FN

Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Maria Cristina Suciu Chair of the Board of Trustees
1
Board
2 Sorina Campean Board of Trustees
Victor Andrei Board of Trustees
3
Diaconu
4 Alma Iatan Board of Trustees
5 Oana Lang Board of Trustees
6 Mariuca Morariu Board of Trustees
7 Ciprian Plostinar Board of Trustees
8 Oana Romocea Board of Trustees
9 Cristian Soitu Board of Trustees
Names and addresses of advisers:
Type of adviser Name Address
Strategic Adina Bradeanu Oxford, UK
Strategic Andra Necula London, UK
Strategic Sandor Kruk Leiden, The Netherlands
Strategic Monica Enescu Oxford, UK
Strategic Cristian Roman Oxford, UK
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Name of chief executive or names of senior staff members (Optional information)

Currently, Oxford for Romania does not employ any staff and relies exclusively on volunteers.

Oxford for Romania – Trustees’ Annual Report 1

January 2022

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted (eg. trust, association, company) Apart from the first charity trustees, every trustee is appointed for a Trustee selection methods term of three years by a resolution passed at a properly convened (eg. appointed by, elected by) meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of Oxford for Romania. New trustees have been appointed following vote of Board of Trustees based on evaluating the candidate’s skills, knowledge and experience, as well as a written application form which was discussed by the board.

Additional governance issues (Optional information)

Youmay chooseto include
additional information,
where relevant, about:
●policies and procedures
adopted for the induction
and training of trustees;
●the charity’s
organisational structure and
any wider network with
which the charity works;
●relationship with any
related parties;
●trustees’ consideration of
major risks and the system
and procedures to manage
them.
Policies and procedures adopted for the induction and
training of trustees:
New trustees are invited to several meetings where the vision
and the strategy for Oxford for Romania is extensively
discussed, as well as the common practices and ways of
working. In addition, upon joining the board of trustees, they are
given the following documents:
-
Oxford for Romania Governing Document.
-
Oxford for Romania Annual Reports from previous years.
-
Oxford for Romania Volunteers Code of Conduct.
-
Charity Trustee Welcome Pack - a practical document to
help you get started in your new role (from The Charity
Commission).
-
The Trustee Guide - a more generic document on the roles
and duties of a charity trustee (from The Charity Commission).
-
The Hallmarks of an Efective Charity - set of guidelines to
help trustees improve the efectiveness of a charity (from The
Charity Commission).
-
Safeguarding Duties for Charity Trustees - a set of
guidelines on safeguarding.
-
The Charities Act 2011.
-
The Charitable Incorporated Organisations General
Regulations.

Oxford for Romania – Trustees’ Annual Report 2

January 2022

Oxford for Romania organisational structure:

Currently, Oxford for Romania has the following structure: Boards: - Board of Trustees - Board of Advisors Core Teams: - Admissions - Communications & PR - Fundraising - Logistics and Operations - Programme Additional Key Roles - Alumni Network Coordinator - Evaluation Coordinator - Finance and Accounting Coordinator - Student and Parent Liaison - Data Protection Officer

Additional Key Roles - Summer School Week - IT Support - Media Specialist - Social Activities Coordinators - Student Coordinators - Student Welfare

Other Projects - Student Projects (Coordinators and Tutors) - Online seminars and workshops - Mentorship Programme (Coordinators and Mentors) - Alumni Meeting (Coordinators and Mentors)

Relationship with any related parties

N/A

Trustees’ consideration of major risks and the system and procedures to manage them:

Our current organisational model relies exclusively on volunteer time as Oxford for Romania does not employ any staff. As the charity expands, the implementation of additional programmes will require additional time from our current team, thus risking overloading our volunteers and therefore limiting the ability to efficiently deliver our key objectives and activities.

Consequently, strengthening the team of volunteers is one of our top priorities. This is currently carried out through networking, regular recruitment events in the Oxford student community as well as through the wider UK Romanian community.

Our current financial model relies on ad-hoc fundraising, thus limiting our ability to make long-term financial commitments. We

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January 2022

are currently evaluating methods of attracting additional strategic partners, as well as accessing higher value grants offered by organisations with interest in education. This would allow us to employ staff to take on some of the administrative and organisational work.

Due to policy changes following Brexit, several of our core activities are significantly impacted. We are particularly concerned about access to higher education in the UK for EU citizens. One of the priorities of the board for the near future is to agree on a strategy moving forward.

The Global Covid-19 pandemic has severely affected our volunteer network, the larger Oxford for Romania community and our ability to deliver our core programmes and recruit new team members.

Section C Objectives and activities

For the public benefit to advance the education of young Romanians with academic potential coming from less privileged backgrounds in particular, but not exclusively by:

Summary of the objects of the charity set out in its governing document

  1. Organising a periodic summer school in Oxford and awarding scholarships to cover participation costs.

  2. Developing and providing specialist mentoring schemes.

  3. Establishing long-term local and international networks within the Romanian community to provide further support and develop access to education.

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January 2022

Oxford for Romania aims to provide access to life-changing opportunities to young people through transformational learning experiences and mentorship.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

With the help of the academic and professional community in Oxford and the rest of the UK, and with support from partners, friends, and people who believe in our vision, we have launched a yearly summer school in Oxford, offering an inspiring educational experience for high school students from Romania with great academic potential, but limited financial means. We empower young people through high-quality teaching on a variety of topics, meetings with professionals and academics, career advice and long-term mentorship.

So far, Oxford for Romania has organised four editions of the summer school (2016, 2017, 2018 and 2019), bringing each time 24 students to Oxford. A unique programme of lectures, workshops, seminars and tutorials was developed, offering an excellent balance between STEM, arts and humanities topics and community involvement as well as personal development. This was then continued with ongoing nourishing and building of the alumni network.

In 2020, given that travel and gatherings were severely restricted due to the Covid-19 pandemic lockdowns, we had to take the difficult decision to cancel the summer school and focus on delivering an online programme.

Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit:

The trustees confirm that they are aware of the guidance issued by the Charity Commission on public benefit.

Additional details of objectives and activities

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January 2022

Youmay chooseto include
further statements, where
relevant, about:

policy on
grantmaking;

policy programme
related investment;

contribution made by
volunteers.
Policy on grant making:
Oxford for Romania, may choose as the trustees see ft, to make
small grants available to student lead community projects that
are aligned with the charity main objectives and activities.
Policy programme related investment:
Oxford for Romania does not currently make Programme Related
Investments.
Contribution made by volunteers:
The charity is 100% volunteer run, with individuals leading
admissions, event logistics, communication, programme
creation, teaching during the summer school, alumni
coordination and mentorship as well as fundraising.

Section D Achievements and performance Summary of the main Through its unique summer school, the charity aims to bring a achievements of the change in the mindset and life opportunities of young people in charity during the year Romania with great academic potential coming from less privileged backgrounds. We are now a community where four alumni cohorts, helped by over 40 volunteers, are confidently building a future for themselves and their communities. In 2020, given that travel and gatherings were severely restricted due to the Covid-19 pandemic lockdowns, we had to take the difficult decision to cancel the summer school. Instead, we have launched an online seminar series that had over 600 regular participants. At the time this was the largest online classroom in Romania for high-school students. The main theme was “Change” and we discussed topics like climate change, community change, changes brought by new economics and artificial intelligence, changing your story as well as reflections on the science of happiness. The series were extremely well received with very positive overall feedback from all participants. At the same time the extended Oxford for Romania network continued to offer support and mentorship to the existing alumni community. This was particularly valuable as the disruption brought by the pandemic and the severe lockdowns had a palpable negative impact on almost everyone. Achievements against objectives set:

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January 2022

The organisation delivered on the objectives set, including on the stretch goal to increase involvement with the alumni community.

We continued to maintain our core team and contact with our volunteers even though we had to cancel our summer school.

We organised a very successful online seminar series with a very broad participation.

We maintained close contact with our alumni community.

Performance of fundraising activities against objectives set

For the reporting period, a total of £4204 was raised from crowdfunding. This is well below our yearly target of ~£25,000. This is due to the fact that we didn’t have an in person event and thus we could not access our usual grants or funding from our strategic partners.

Investment performance against objectives

Oxford for Romania does not hold any investments.

Section E Financial review

Brief statement of the charity’s policy on reserves

All cash reserves remaining at the end of the 2020 are to be used for the 2021 edition, in the same way as previously agreed with the sponsors.

Details of any funds materially in deficit

N/A

Further financial review details (Optional information)

You may choose to include Review of the charity’s financial position at the end of additional information, the period: where relevant about:

● the charity’s principal At the end of the reporting period, the charity had remaining sources of funds (including cash funds with a total value of £27162. This amount is a total any fundraising); of the cash funds remaining from the 2019/2020 financial year ● how expenditure has (£23181) and the additional fundraising done this year (£4204) supported the key minus our expenses.

● how expenditure has supported the key objectives of the charity;

Our expenses were very low given that we only had events online (£223).

● investment policy and objectives including any ethical investment policy adopted.

The charity’s principal sources of funds (including any fundraising):

Normally our main funds come from strategic partners in the UK and Romania, grant-making foundations, and crowdfunded

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January 2022

donations. This year we have had only crowdfunded donations.

Amount of reserves held:

On the 31st of March 2020, the total amount of reserves held was £27162.

How expenditure has supported the key objectives of the charity:

Oxford for Romania expenditure is directed towards the key objectives listed in the governing document of the charity: organising the summer school and making the participation of the students possible (the main project of the charity), as well as the secondary project of the alumni reunion, aimed at supporting our growing alumni community. Due to the pandemic, our expenses were very limited as we only had events online.

Investment policy and objectives including any social investment policy adopted:

Oxford for Romania does not hold any investments.

Section F Other optional information

Corporate trustees:

N/A

Name of trustees holding title to property belonging to the charity:

N/A

Funds held as custodian trustees on behalf of others:

N/A

Exemptions from disclosure:

N/A

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Ciprian Plostinar

Position (eg Secretary, Trustee Chair, etc)

Oxford for Romania – Trustees’ Annual Report 8

January 2022

Date 31/01/2022

Oxford for Romania – Trustees’ Annual Report 9

January 2022

Charity Name N Oxford for Romania 1

Receipts and payments acco

For the period from

Period start date

To 1/4/2020

Section A Receipts and payments

Unrestricted funds

to the nearest £

Restricted Endowment funds funds

to the nearest £ to the nearest £

A1 Receipts

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Strategic Partners - - -
Fundraising 4,204 - -
Grants - - -
- - -
- - -
- - -
- - -
- - -
4,204 - -
Sub total (Gross income for AR)
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A2 Asset and investment sales,
(see table).
- - -
- - -
Sub total [ - ] - -
Total receipts 4,204 - -
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A3 Payments

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Accommodation - - -
Transport - - -
Food - - -
Materials - - -
Insurance - - -
OFR Grants - - -
Alumni Reunion - - -
Website 223 - -
- - -
Sub total 223 - -
A4 Asset and investment
purchases, (see table)
- - -
- - -
Sub total - - -
Total payments 223 - -
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CCXX R1 accounts (SS)

07/13/2022

1

Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
**Cash funds this year end **
3,981 - -
- - -
23,181 - -
27,162 - -

CCXX R2 accounts (SS)

2

07/13/2022

Section B Statement of assets and liabilities at the end of

Categories

B1 Cash funds

B2 Other monetary assets

Details

Bank statement balance

Total cash funds (agree balances with receipts and payments account(s))

Details

Unrestricted funds

to nearest £ 27,162 - - 27,162 OK Unrestricted funds

to nearest £

-

B3 Investment assets

Details

Fund to which asset belongs

-

B4 Assets retained for the charity’s own use

Details

Fund to which asset belongs

-

B5 Liabilities

Details

Fund to which liability relates

-

Signed by one or two trustees on behalf of all the trustees

Signature
Print N
Ciprian P
Signature
Print N
Ciprian P
Ciprian P

CCXX R3 accounts (SS)

3

07/13/2022

o (if any)

173125 ounts CC16a

Period end date 31/3/2021

Total funds Last year

to the nearest £ to the nearest £

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- -
4,204 -
- -
- -
- -
- -
- -
- -
4,204 -
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-
- -
- -
4,204 -
- -
- -
- -
- -
- -
- -
- -
223 -
- -
223 -
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-
-
- -
223 -
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CCXX R4 accounts (SS)

07/13/2022

4

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3,981 -
- -
23,181 -
27,162 -
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CCXX R5 accounts (SS)

07/13/2022

5

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the period
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
OK OK
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due When due
(optional) (optional)
- -
- -
- -
- -
- -
Name Date of approval
lostinar 31-01-2021
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CCXX R6 accounts (SS)

6

07/13/2022